Goldman Sachs Maintains Neutral on RBC Bearings, Raises Price Target to $276
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Joe Ritchie maintains a Neutral rating on RBC Bearings (NYSE:RBC) and raises the price target from $245 to $276.
May 21, 2024 | 2:18 pm
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Goldman Sachs analyst Joe Ritchie maintains a Neutral rating on RBC Bearings and raises the price target from $245 to $276.
The raised price target from $245 to $276 by a reputable analyst at Goldman Sachs is likely to have a positive short-term impact on RBC Bearings' stock price, despite the Neutral rating. Investors may view the increased price target as a sign of potential growth.
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